that does it for us tonight. after just four days of sitting in rachel maddow's chair, i have more respect for her than ever. this is an extraordinary and tough job. you can follow me at mharrisperry on twitter. thank you for taking the time to watch. "the ed show" is next. good night. hi, everybody. welcome to "the ed show." john boehner finally got the votes together to pass the debt bill in the house only to have it fail in the senate. with the debt ceiling headline looming, the "let's make a deal" show looms in washington. "the ed show" starts right now.

>> put something on the table. >> speaker boehner put his bill on the table. house republicans pass it. >> i stuck my neck out a while. >> the senate has killed the boehner bill. tonight, the latest with massachusetts congressman barney frank and ohio senator brown. senator reid's plan may be the last hope to avoid default. >> last train leaving the station. >> republicans are signaling they may get onboard. >> have you figured out a way to make changes to make it stronger, you could figure out a way to make this different. >> unless washington can get its act together less than 98 hours from now, the u.s. of america will default the first time in our 235-year history. shortly after 6:00 p.m. eastern, john boehner's third attempt at a budget bill gesqueaked by the

house. speaker has spent the last 48 hours trying to quell a rebel-on from the tea party members of the caucus. >> to the american people i would say, we tried our level best. we've done everything we can to find a common-sense solution that could pass both houses of congress. we tried to do the right thing by our country. some people continue to say no. i stuck my neck out a mile to try to get in agreement with the president of the united states. i stuck my neck out a mile. i put revenues on the table. in order to try to come to an agreement to avert us where we are. a lot of people in this town can never say yes.

this house has acted. it is time for the administration and time for our colleagues across the aisle, put something on the table! tell us where you are! >> speaker boehner might get what he is asking for. tonight the senate defeated the boehner bill 59-41. at this hour, harry reid planned to introduce his compromise bill. the next step will be a closer vote in the senate slated for 1:00 a.m. sunday morning. if reid's bill passes it will head back to the house before it hits the president's desk. the plan is on life support. mitch mcconnell filibustering. if all these plans fail, the only possible options are a new round of votes. the 14th amendment or default. senator reid altered his plan to give republicans more of what they want. his latest proposals includes

debt limit increase matched dollar for dollar by spending cuts. its spending cuts approved by the republicans. it includes no additional revenues and includes the mcconnell plan to allows congress to include debt inkraeses. senator brown joins us from ohio. you had long days. let's talk about specifically, do you think harry reid can get mitch mcconnell to sign on to anything at this point? >> i think thomas may not get mcconnell, but i think we'll get the number of republicans we need. it's not tomorrow. they'll probably start filibustering. it's pretty amazing. we've given up a lot of things in these negotiations. this is doing the right thing. we've got the guy, the speaker of the house and it's wasting time putting an agreement out

there, a bill out there that would require we go through this again in six months. i don't know a business person in the country, a legitimate business person, not talking about chamber of congress, but a legitimate business person that says let's do this again in six months. we don't want that uncertainty injected into this economy. once we start swatting that filibuster away and begin to get republicans who actually are going to do the patriotic thing and get us out of this whole situation of default, i can't believe if they listen to ronald reagan or anybody else in the last 50 years, any startforward economist or anybody would be putting us at risk like this. >> you don't believe mitch mcconnell holds a weight in the narrative as it moves forward?

>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch mcconnell lives on. we'll get this to happen. we'll send it back to the house. there, patriotism prevails. even most of the democrats, maybe 150, 160, 170, to join 50 republicans that, not the tea party, but the 50 reasonable republicans. >> do you want to give us the initials, maybe the state of

that senator? >> i'm sorry? >> the state of the senator, just the initials? >> no. that would nail it down. i would say southern deep south, wrong side of the civil war. i'm not going to tell you the state. >> senator john thume laid out a plan. take a listen. >> have you figured out a way to make changes in the rebill to make it stronger, and you put a process in place that allows for entitlement reform to occur, you could probably figure out a way to bridge this difference. >> can you get behind a vote with a deal with these major cut to entitlements? >> no. every time they have a chance they want to privatize social security, undercut medicare. 1965 most voted against it. when newt gingrich had a chance to try to privatize medicare.

george bush tried to privatize social security. they go after these two programs because they don't like them. republican voters in dayton, cleveland and akron like medicare. republican politicians like wall street and the insurance companies more than they like medicare and social security. that is not the kind of agreement. if john thune can't vote for it, we are not going to get his vote. there are a dozen republicans that will be more reasonable than that and are patriotic enough they don't want to see the united states of america default on its obligations. >> what do you think as it's been bandied about if congress fails to pass anything, would you encourage the president to use the 14th amendment to raise the debt limit? >> i don't want to go there. i don't want people who have taken an oath of office and have the responsibility to do the right thing, i don't want them to think, i'm not going to vote for this. let the president do it. i don't think that's good for

the country. i don't want to comment beyond that. i think we are going to get to an agreement. enough republicans will look out for their country before they look out for political gain in the end. they are "check the box" with the tea party team in their states. >> you say if it does come to a compromise, how does speaker boehner comes out? >> i think if speaker boehner brings 75, 80 republicans, coupled with almost all the democrats, he is taking personal political risk. i know john boehner. he is from my state. i think he will do the right thing even if it is a profile in courage even if he ends up with a sharp object in his back. >> are you making asimgss about the tea party caucus? >> i'm not taking any. i don't know. i know there are people in the leadership that want to be speaker as much as john boehner

wants to be speaker. who knows where that leads? that's inside politics. i want to see this done. i think john boehner will do the right thing. 160, 180 democrats will do the right thing. the tea party will be on the wrong side of history unless they realize the country comes first before a political agenda. >> does it get done before august 2nd? >> i think it gets done some time on monday. >> we'll hold you to that. senator brown, thank you for being on today. >> thanks. earlier harry reid employed republicans. >> the last train is leaving the station. this is our last chance for default. the vote will determine whether we enter the frightened world of default. a vote for the senate compromise will be a vote on the financial obligations of this great nation to pay the bills.

i would ask my republican friends, break away from this thing going on in the house of representatives. we need to honor our financial obligation as a country. a vote against the compromise i talked about. >> just moments ago on this network, chairman of the senate bunt committee kent conrad of north dakota made news on the replan. he told lawrence o'donnell the minority leader is refusing to negotiate on the replan. >> the minority leader just told the majority leader that he will not negotiate with him. that is really quite extraordinary. the republican leader mcconnell told the majority leader reid he will not negotiate with him, he'll only negotiate with the president. i've been here 25 years. i have never heard anything like that. >> for more on how the white house is responding, let's turn

to dan stone, "newsweek's" white house correspondent. nice to have you on. what is the latest we are hearing at this hour from the white house? >> the white house is very concerned with timing. they are putting a lot at stake specifically in senator reid's vote. this is the last bill that can reasonably get through the senate with the amount of time. the president and several senior administration officials we heard have made those outreach calls all day. certainly yesterday, trying to get some distance from the boehner bill that passed through the house earlier this evening. and try to garner support for reid's bill to go through the senate. the fact that the minority leader senator mitch mcconnell will not negotiate is a problem. it's not a deal breaker. they need ten republicans to sign onboard. they can lead someone like senator mcconnell in the minority. >> how much is going on behind the scenes from the white house to broker a deal here?

are very vocal democrats saying they are not hearing from the white house. >> we know the white house is frantic. the president has spent several weeks talking about the urgency here. we saw a full media court press all week from a lot of senior advisors going on a lot of networks to talk with the urgency here and try to gain the upper ground. a lot of the questions that we reporters asked some of the press folks, including press secretary jay carney, what conversations have you had? who has he reached out to? they haven't wanted detailed personal conversations. some democrats and other senior senators that could be pivotal in this fight haven't been called by the president. i wonder if we'll see that change tomorrow and before this high-stakes vote in the senate sunday. >> anything the senate is supporting is toxic for republicans, right? >> that's what we saw with the gang of six last week. the president came out in the briefing room and gave it a giant bear hug. that almost killed it.

the president doesn't want to get behind this too much. it's almost a republican plan. it's hard for republicans to argue this is a radical obama plan coming from the white house. all these cuts have been approved by republicans. i don't think it's going to take too much for 10 or 12 of them to get onboard. >> hard to talk down your own idea. dan stone, thanks for your time. speaker of the house john boehner was able to pass a bill in the house today caving to demands of the tea party. we'll talk about boehner's bad policy making. his plea to pass his bad bill. we'll play his entired speech for you from the floor. stick around.

speaker boehner was able to pass his bill because it gave the tea party what it wanted. every day, all around the world,

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the bill is passed. without objection are, a motion to reconsider is laid upon the table. >> the house passing a revised version of the boehner bill. the bill got no democratic support. speaker of the house learned later last night it would take more than a ben affleck movie to convince tea party republicans to vote for his bill. he added a now provision to that bill, a balanced budget amendment.

the lack of the provision in the previous boehner bill was the main point of contention in thursday night's talks between gop leaders and the holdouts. the boehner plan would require another congressional vote to raise the debt ceiling next year. only if a balanced budget amendment had been sent to the states for their approval. joining me is congressman from california. we were talking about this today in the newsroom. why is a balanced budget amendment a bad policy? >> because of the way the votes are counted. 2/3 vote to raise taxes, a 50% vote to make cuts in medicare, social security, other kinds of programs. uneven. i'm from california. i was lieutenant governor in california. i can tell you what a 2/3 vote did to the state of california. it's practically ruined the state's ability to deal with the multitude of issues, education,

transportation, water, health care. 2/3 vote, you can't get it. you shift democracy from majority rule to minority rule. it simply was a disaster in california. why doesn't the speaker negotiate with democrats or does it enjoy running head-first into a brick wall? >> he is afraid of his leadership. i would lose a majority of his caucus and leadership. i know from my experience in california and when i was deputy secretary of the department of interior, you could put together a coalition from across the aisles. he is concerned about continuing as speaker. there are folks that have the long knives out for him. >> who is going after him? who has their eyes on his back? >> we all know mr. cantor is out

there looking to become next speaker and there are others out there. >> we not going to vote for anything that puts social security, medicare and medicaid at risk. these are the fundamental bedrock programs of our society we said as american values, we are going to protect our seniors, vulnerable, age, and vulnerable. we have to have a tax revenue. what are ate shurnses that this time around those high-end tax cuts that the wealthy wall street barrons so enjoyed the businesses that get our tax money like the oil companies, what assurances do we have those are going to expire and that

money will be brought back as part of a shared sacrifice. >> will america default ultimately? and will so because of the tea party and their reluctant to come forward and join forces? >> i think that is a possibility the tea party will not participate and we may not get a bill to the president in time to avoid this august 2nd deadline. i believe firmly the president has the power under the 14th amendment clause 4 that he has the power simply to give an executive order to the treasury saying america is not going to default, pay the bills. it's right there in the constitution. it's very, very clear america is good for its debts, period. he could rely on that. there is probably a majority on the democratic side, a strong majority, perhaps all that are nearly willing to back him up on that. >> what message does that send to americans and what does that send to the world about how we are running our country?

>> what do you think the message is for this manufactured crisis? we didn't have to have this crisis. if you play the boehner speech, you'll see about 2/3 of the way through that speech he actually said, the president knew. i told the president back in january that if he didn't do this by the time of the debt limit bad things would happen. that's a paraphrase, but it's in there. boehner set this up from the beginning we would come up against this default moment. then they would use that as a leverage. it's not the only time they've done that. they did that four times in december. once they took over the house, this is the fourth time they used a critical moment, shutting down the government with the continuing resolutions and now this. another thing that's in that provision is a guarantee, absolute flat-out guarantee we are going to go back through this whole thing in six months. >> what do they gain by doing

this? you talk about speaker boehner puts a target on his back. couldn't this come back and crush him? >> that may be. you need to understand where these folks are coming from. the only way this country can go forward is to push aside the programs that created so much good this this country. push them aside and go back to the 20th century when you didn't have health care for people, you didn't have pollution control, environmental controls, you didn't have clean water and air and businesses could do anything they choose to do. they want to roll back the clock more than a century. they want to get rid of social security. they never have liked social security. medicare they've been trying to change all these years. i'm telling the public this, the democrats have not drawn a line in the sand. we have etched across our heart

a line that says, we will not allow social security, medicare, medicaid, fundamental programs that express the heart and value of america. we are not going to let them disappear as a result of what republicans are doing with each and every one of these leverage points. trying to ratchet back. not just to deal with the deficit, but more so to put in, to eliminate fundamental programs, clean air, clean water, health care programs, programs to educate our children. it goes on and on. you say, what's that all about? what it's about is something i don't think americans ever want to see. they don't want to see their seniors in poverty as they were before medicare. more than 40% of seniors in america were in poverty. they didn't have health care at all. i know this. my father in 1950 took me to the county hospital which was wards, elderly men and women lined up in these wards with no health care at all. i'm going, no way, no how are we

going back to those days. >> congressman john garamendi, thank you for joining us. >> thank you. >> how boehner's plan could affect those around the country. we have a long, long way to go before congress raises the debt ceiling. a preview of the eventful weekend coming up on capitol hill.

speaker boehner is entitled to take as the theme song, "it's my party, and i'll cry in i want to." breaking news from capitol hill, the senate has tabled the boehner plan for debt reduction. joining me now is democratic congressman from massachusetts, the man you saw, barney frank. sir, good to have you on with me tonight. why does the tea party have this come hell or high water attitude which puts america at risk for default or downgraded when it comes to our credit rating? >> they are the most rigidly, ideal logic extremists. they are all either members of the tea party actually or in

spirit, or afraid of losing a primary. there are no more moderate republicans. they all fall in line. what motivates them is judge, tlings we have to have we can only do if we pool our resources and act together. they don't do research the right way when there is no profit in it. they don't do the construction of bridges and highways or provide for elderly people. you have a right wing group that does not accept the notion that there is a role for government. they manufacture a crisis. this whole notion of the debt limit. the debt limit is paying your bills that have come due. it wasn't controversial for ronald reagan or george bush the

first or the second. right wingers are holding up the country saying if you do not dismantle things. they know social security and medicare and highway construction, and police and firemen are popular things. they are trying to do it by extortion. when people say it's going to damage the economy, they say, good, that will undercut president obama. >> for the senate to pass a bill it needs 21 votes in the house. do you think any vote of the harry reid bill will pass the house? they say it's the only plan in town right now. >> that is right. it is a rebill that will be a compromise. i don't like to give into extortion. you have to do compromising. there is a need to hold down the deficit. part of that has got to be -- let me say this, it is an extraordinary to me we have

people ranting about the deficit, but still wanting to stay in afghanistan and iraq. $150 billion a year. let's get rid of that and scale the pentagon back to what we need for our security. then i accept. here is a question. john boehner had just been pushed around by his party. he started out with a policy i didn't agree with, but it had some plausibility. during this week he had been forced to retreat further toward irrationality by his tea party ring. the only thing that will work is a compromise. it won't pass the senate unless it has significant republican support. then this will be john boehner's choice. yes, the votes will be there among other democrats who will reluctantly support a compromise that will avoid terrible disaster economically and

socially, but will meet some republicans. it probably doesn't get a majority. the tea party will hate it. the question will john boehner have the sense of responsibility as an adult and real leader to say i will bring a chunk of republicans with the democrats and we'll pass the only thing that can pass. that's the question. will boehner finally stand up to the tea party or is he too afraid of michele bachmann and eric cantor to show real leadership. >> he says he stuck his neck out a mile. what do you make how the speaker can handle his job in the future going forward, as you bring up michele bachmann and eric cantor. do you think they have knives out for him? >> i think mr. cantor does. i don't remember people telling john boehner saying you were

drafted to be a speaker. with it comes power and responsibility. i have no sympathy, oh, important me, i stuck my neck out. he did come up with something i agreed with. when the tea party backed away, he backed away with them. it's not enough to say this is my reasonable position. he said here is my position and he backs away. i don't think he can get a majority. he may not get a majority of the republicans. we don't need a majority. we've done this before. when george bush came to us in 2008 and said the economy is collapsing, we put something together. he's got problems with these people. he volunteered to be the speaker. he brags with sticking his neck out. every time eric cantor stamps his foot, his neck snaps back. not that you sacrificed

yourself, but this has got to be done in a way to get large numbers of people on both sides. we don't need to deal with the tax issue now because, as i think my colleague garamendi was saying, the tax cuts are going to expire. i'm willing to fight another day on those. prejudice our right to keep those tax cuts from the very wealthy expiring. we have a tax cut that includes getting out of afghanistan and iraq, you oppose the high-end tax cuts and leave social security and medicare alone. one thing that bothers me, they talk about shared sacrifice. i don't think it's shared sacrifice saying somebody making $700,000 a year has to pay a few thousand more taxes, but a 90-year-old woman has to get tax

increases. she shouldn't be a part of it. if they leave open the tax question we can accept, i'll accept and vote for more severe reductions in housing and education and the environment i would ideally like. that's a deal that is not fun for anybody. responsible people can support. it can only happen if mcconnell and reid will compromise. will john boehner stand up to his right wing and join us in an effort to make it whole. >> barney frank, i appreciate your time. speaker boehner's speech made it clear. what about the impact of his propo proposed legislation to his own district?

welcome back to "the ed

show." let's take a closer look what john boehner's bill will do in your own backyard. he represents the 8th district in ohio. his idea of saving america would hurt hundreds of thousands of his most vulnerable constituents. the cuts exemption of low-income americans. his bill has cuts for 180,000 people on medicare or medicaid in his district. there are cuts to the approximately 70,000 households that receive social security benefits. over 30,000 people in ohio's 8th would have a harder time getting food stamps. 20,000 low-income kids, children would be affected by cuts in

food and nutrition services. it would mean cuts for 4,000 house holds in those in some form of public housing existence. the speaker might not know how bad it would be for the people he represents. he spends most his free time on a golf course. john boehner's speech on the house floored a the tea party cheering. his bill had nothing to do closer to move to a final resolution of the debt ceiling fight.

up next, the tea party's role in the debt debate. ÷@x

xwrom compromise on behalf of the american people is now.

i'm confident we can solve this problem. i'm confident we will solve this problem. >> today as the clock keeps ticking toward the deadline of raising the debt ceiling, president obama urged congress to compromise. john boehner decided to go in a different direction. his bill did not get one democratic vote. it was doa in the senate. joining me is talk show host joe madison and bob schrum, professor at nyu. what is your reaction to boehner's speech this evening on the house floor? >> he didn't get much of the tea party supporters. i thought about an analogy here. it was based on the interview you did with the congressman before barney frank. these people want to go

backwards. they try to give the impression that they are going forward. that is what boehner is trying to do. we are moving forward, we are moving forward. they would give michael jackson a run for doing the moon walk. if you ever watch michael jackson doing the moon walk, he gives the impression of going forward when he is really going backwards. that is what the people in boehner's district that you just pointed out, i grew up in dayton, ohio, not far from that district. people there want jobs. he knows darn well that what is going to happen with his policy is that we are going to go back to those days that the congressman talked about. this is a moral crisis, and people should be morally outraged. boehner was just not being honest. he got his hat handed to him by a small minority in his own party. >> sounds like they would have

better luck drafting for a time machine to go back to the 1950s. bob, i want to talk about speaker boehner. the senate weren't going to pass this bill ever. they already had the symbolic vote on the american balance act. how long do we have to continue to watch the political posturing without seeing anything definitive getting done? >> boehner is going to face a big decision assuming a compromise can come out of the senate. it will go back to the house. they'll have to decide whether to allow a vote. the whole blame for default will fall on the republican party. joe is right about what happened today. if you listen to boehner, and i guess you'll play the speech, it's lie after lie. there is nothing about jobs in this bill. he's not the president who said no. john boehner walked away from the talks.

these folks are reaganites in name only. ronald reagan raise the debt limit 18, 19 times. i don't think you can call these people realists. they are not conservativists, they are radicals. >> when we talk about the jobs picture though, grover noroquist was talking about we need people paying taxes. why aren't they working more getting a jobs bill or focusing on jobs than they are right now? >> they have nothing to offer on jobs. they ran on jobs and then they came to washington and they spent their time trying to defund planned parenthood and trying to delegitimate the american economic system to make a political point. john boehner knows what's wrong.

he's not really speaker of the house. he became an echo chamber for the tea party. >> jobs are based on demand. people who have jobs pay taxes. most people file short forms and they pay their taxes. that's how you get revenue. someone said it. fire happens. fireman is called. police action, police are paid for. you let conservative and liberal, but you let progressive mayors and city managers come to washington, most of these buildings on constitutional avenue were built with republic money. these monuments, public money. they put people to work. some went off into private industry. it is time for the tea party and republican party to stop doing the moon walk. >> bob, what do you think about

boehner's speakership? do you think it's in jeopardy with eric cantor and michele bachmann. maybe aspirations for her are the speakership. >> boehnai cantor has a hungry . the threat for boehner, even if he votes against it, i think you'll see an immediate attempt to topple him. i thing it would very well work. he was thrown out of the leadership in the 1990s. it was a searing experience for him. he doesn't want it to happen again. today's vote was about saving his speakership, not saving the full faith and credit of the united states. >> i want to say, it's an absolute insult for mcconnell

today to say he won't negotiate with the senate majority leader, only with the president of the united states. never have i heard in my young life, i don't know about bob, he's younger than i am, but never have i ever heard that type of disrespect for a senate majority leader. >> yes. >> gentlemen, thanks for your time tonight. great to have you on. as bob mentioned, we were going to play the speaker's speech, but we went long with some of our congressman. you can watch the entire speech at msnbc.com. as the august 2nd deadline approaches, congress has a lot of work to do this weekend.

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now that the senate smaktd smacked down john boehner's plan, we have new battles a head. harry reid's plan is the next on the table. minority leader mitch mcconnell is refusing to negotiate,

insisting on a filibuster. democratic leaders voiced their frustration. >> we should be allowed to do the same. that's all we are asking. it's time for us to be abullets. >> we waited all day. this morning senator reid went up to senator mcconnell and said, let's talk. let's work this out. not a word. >> they are very good at saying no. not very good laying out a plan that can actually pass what do they do? they just filibuster. >> for more on what happens next, let me bring in joy anne reed of grio.com and political columnist for "the miami herald." good to see you. >> good to see you. >> it's not very inspirational. what are the real possibilities

of getting something done by august 2nd? >> right. it's looking grim. i still think there is hope it will get done. it's like when you see a parent in a supermarket and their kids are screaming and falling on the floor. you can get them in line and tell them, this is what you've got to do or buy them all the candy to make them stop crying. john boehner made the mistake and eric cantor pushed him to it. they coddle these tea party members with votes that are irrelevant. harry reid has the only chance of passage. if he can whip those 59 votes and find one more vote to break a filibuster, we are looking at some like the reid plan with modification. >> senator democratic leaders slammed the house leadership a few hours ago. listen to this. >> the senate is the only way out of this mess. you've seen the huge difficulties in the house, their

inability to tie their own shoes. >> to think with a straight face they sent us something the american people would accept, the ryan budget, cap-and-cut, whatever that is and this thing? that's not legislation. that was an extravaganza that made them look foolish. >> they are saying the senate is the only way out of this. chuck schumer saying the reid plan is the only one in town. when you think about it going over to the other side, it's never going to get through the house. >> what is incredible, harry required is right. they've been passing sham bills. this is defunding npr. it makes the tea party feel good, but it cannot become law. john boehner has the one option he hasn't tried. he's got to go to nancy pelosi and find votes among democrats. the final bill will not pass with 217 republicans. ba boehner, maybe he is afraid of a primary challenge, he won't go to the democratic option. th